Question
Which one of the following statements is NOT true? Select one: A.Accepting a positive-NPV project increases shareholder wealth. B.Accepting a negative-NPV project has no impact
Which one of the following statements is NOT true?
Select one:
A.Accepting a positive-NPV project increases shareholder wealth.
B.Accepting a negative-NPV project has no impact on shareholder wealth.
C.Accepting a negative-NPV project decreases shareholder wealth.
D.Managers are indifferent about accepting or rejecting a zero NPV project.
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
